KingWorldNews: Stage Is Now Set For A Slaughter In The Global Financial System

July
was a very cruel month for just about everything except gold mining
stocks and longer- dated Treasuries. The Standard & Poor’s 500 Index
and the Dow Jones Industrial Index declined 2%. The broader Russell
2000 Index fell a whopping 7%. Utility stocks were creamed as indicated
by the Dow Jones Utility Index that declined by 6%. Oil highlighted
weakness in the commodity sector with a retreat of 7%. As measured by
the Thomson Reuters/Jefferies CRB Index, that basket of commodities fell
4% during the month.
This pattern of continued outperformance by the HUI and the
longer-dated Treasuries has been in force throughout all of 2014. For
the year, the HUI is ahead 20%.Robert Fitzwilson continues @ KingWorldNews.com